Business plan speedway
This business plan is prepared to obtain financing in the amount of $24,000. The supplemental financing is required to begin work on site preparation and modifications, equipment purchases, and to cover expenses in the first year of operations. Additional financing has already been secured in the form of: (1) $24,000 from the Manchester, NH Economic Development Fund (2) $19,000 of personal savings[...]DOWNLOAD REFERAT
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Speedway will be incorporated as an LLC corporation. This will shield the owner Ali Naqvi, and the three outside investors, Nasir Rafiq, Rizwan Raza, and Waheed Hameed, from issues of personal liability and double taxation. The investors will be treated as shareholders and therefore will not be liable for more than their individual personal investment of $12,000 each.
The financing, in addition to the capital contributions from the owner, shareholders and the Manchester, NH Economic Development Fund, will allow Speedway to successfully open and maintain operations through year one. The large initial capital investment will allow Speedway to provide its customers with a full featured Internet cafe. A unique, upscale, and innovative environment is required to provide the customers with an atmosphere that will spawn socialization. Successful operation in year one will provide Speedway with a customer base that will allow it to be self sufficient in year two.
As the popularity of the Internet continues to grow at an exponential rate, easy and affordable access is quickly becoming a necessity of life. Speedway provides communities with the ability to access the Internet, enjoy a cup of coffee, and share Internet experiences in a comfortable environment. People of all ages and backgrounds will come to enjoy the unique, upscale, educational, and innovative environment that Speedway provides. « mai multe referate din Economie